News
COVID-19
NEW OBLIGATIONS FOR EMPLOYERS DURING ...
Due to the worsening the Covid-19 pandemic in Romania, the Government Decision no. 1 130/2021 updated and expanded the obligations of employers in terms of work organization. Read more
27 October 2021
KURZARBEIT IN ROMANIA: NEW RULES
The Romanian legislative framework (the GEO no 132/2020) setting up the famous German scheme "kurzarbeit", which allows employers to reduce, under certain conditions, the working time of employees and employees affected by this measure to [...] Read more
8 April 2021
STATE OF ALERT: ENTRY INTO ROMANIA OF...
In line with the practice of other European countries, starting with February 12, 2021, at 00:00 o’clock, people arriving from countries / areas / territories with high epidemiological risk have the obligation to produce upon [...] Read more
12 February 2021
THE MAIN LEGISLATIVE AND TAX CHANGES ...
The New Year comes with many legislative and fiscal changes but also with some extended deadlines aimed mainly at supporting the economic activity of companies, in the context of the COVID-19 pandemic. Read more
7 January 2021
THE BENEFICIAL OWNER: NEW FILING DEAD...
Associations and foundations, as well as legal persons registered with the Trade Register have a new 90-day time lapse since the end of the state of alert in Romania to declare the beneficial owner to [...] Read more
2 December 2020
COVID-19 : NEW REGULATIONS ON QUARANT...
At the end of long controversies and public debates on the restrictive measures imposed by the Government in the context of the fight against the spread of the SARS-CoV2 virus, in particular with regard to [...] Read more
29 July 2020
IMM INVEST ROMANIA: LIGHTER ACCESS CO...
The GEO no 89/2020 published in the Official Gazette no. 458 of May 29, 2020 comes with a new legislative framework aimed at simplifying and easing access to financing for SMEs under the program IMM [...] Read more
5 June 2020
CORPORATE LAW: REMOTE ASSEMBLING
Covid times proved challenging for companies seeking to physically gather stakeholders / shareholders for holding annual Meetings and thus observe their legal obligations. When it comes to remote assembling, not all companies had this provided [...] Read more
18 May 2020
COVID-19 – THE STATE OF ALERT AND ITS...
Romania is about to take the next step in the fight against the coronavirus disease (Covid-19). The state of emergency declared on March 16 is most likely to be replaced on May 15 by a [...] Read more
11 May 2020
COVID-19 : STATE GUARANTEES FOR SMES’...
The financial mechanism for the transfer of the amounts accounting for subsidies granted by the State to companies under the State aid scheme, part of the relief package for supporting SMEs in the context of [...] Read more
29 April 2020
THE STATE OF EMERGENCY EXTENDED WITH ...
The Romanian president, Klaus Iohannis, has extended the state of emergency in Romania for 30 more days. Pursuant to the presidential decree no 240 published in the Official Gazette no 311/14.04.2020, the restrictions and measures [...] Read more
14 April 2020
COVID-19: EMERGENCY STATUS CERTIFICAT...
Face to the pandemic of COVID-19 and the state of emergency being declared, companies whose activity has been impaired thereby may benefit from certain fiscal and budgetary incentives called for by the State through an [...] Read more
1 April 2020
COVID-19: THE INDEMNITY FOR TECHNICAL...
The Emergency Ordinance of the Government no. 30/2020 laying down the conditions to be met for the payment of the indemnities for technical unemployment by the State has been amended by the EGO no. 32/2020 [...] Read more
1 April 2020
COVID-19: TIGHTENING OF MOVEMENT REST...
The Romanian authorities have adopted the Military Ordinance no. 4 published in the Official Gazette no. 257/29.03.2020, within the context of the state of emergency being declared in Romania, aimed at stemming the spread of [...] Read more
30 March 2020
COVID-19: HARSHER MOVEMENT RESTRICTIONS
Pursuant to the Military Ordinance no. 3/2020, the confinement rules became harsher in Romania and new restrictions aimed at fighting against the coronavirus epidemic are to enter into as of this Wednesday, March 25. Read more
25 March 2020